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Verizon Communications (VZ) PT Lowered to $50 at Jefferies
April 21, 2017 7:56 AM EDTJefferies lowered its price target on Verizon Communications (NYSE: VZ) to $50.00 (from $51.00) while maintaining a Hold rating. 1Q results fell short of expectations, and raise new questions about the health of the wireless business.
Wireline revenue and EBITDA trends were modestly better, though FiOS... More
